12840 SW 242 ST, Homestead, FL 33032

Parcel: 3069230220660 · Residential · Townhouse · Zoning: 3150

Assessed Value (2025)
$395,000

Property Details

Beds
4
Baths
2.5
Living Sqft
1,872
Year Built
2024
Lot Sqft
2,331
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$475,000
2024-02-22
LENNAR HOMES LLCRICHARD ADOLFO VILLALON

Tax Assessment History

$395,000
Assessed (2025)
$395,000
Market Value
$344,278
Taxable Value
$7,009
Annual Tax
2024
$29,715
2025
$395,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $395,000 $395,000 $344,278 $7,009
2024 $29,715 $29,715 $29,715 $605

About 12840 SW 242 ST, Homestead, FL 33032

12840 SW 242 ST, Homestead, FL 33032 is a 4-bedroom, 2.5-bathroom residential - total value : townhouse built in 2024 with 1,872 square feet of living space on a 2,331 square foot lot. The property is currently owned by RICHARD ADOLFO VILLALON KELLY ARLETTE VILLALON, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-02-22 for $475,000, when LENNAR HOMES LLC sold to RICHARD ADOLFO VILLALON. The 2025 assessed value is $395,000 with a market value of $395,000. The assessed value increased 1229% from $29,715 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $93,706, and the median home value is $420,100. The population density is 5,816 people per square mile. 12840 SW 242 ST, Homestead, FL 33032 is located in Homestead, Florida.

Property records, tax assessments, sales history, and ownership information for this Homestead property are sourced from miami_dade County public records. The current assessed value represents 83% of the most recent sale price. Based on the most recent sale, this property traded at $254 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

RICHARD ADOLFO VILLALON KELLY ARLETTE VILLALON
12840 SW 242 ST, MIAMI, FL, 33032
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,770 — $4,750
Flood $400 — $800
Property/Wind $2,370 — $3,950

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$93,706
Median Home Value$420,100
Pop. Density5,816/sq mi

Neighborhood 12840

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
22
View full risk analysis →
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